Well this has been a shocker. The only solace I take from this investment mistake is my own discipline to invest with a small position size and not to buy more when it was tempting and average down, thereby having avoided magnifying the problem.
While it's a 20% drop today, there is another way of looking at it, that it's only ~15% on my investment to date.
Damage control steps. I'm not going to react and sell now as it's only small and I don't need to.
I am not going to keep reading about it today and punish myself further.
Next steps: I will review the report and listen to the call (as suggested) over the weekend, next week and then reassess after a couple of days.
I am going to look at the ex-dividend dates and if I hold, then the DRP calculation period to decide whether to participate in the DRP or not.
I might prefer to take the distribution.
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spark new zealand limited
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0.23%
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$2.17

SP dropping below $4.00 hurts, page-255
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Last
$2.17 |
Change
-0.005(0.23%) |
Mkt cap ! $4.099B |
Open | High | Low | Value | Volume |
$2.17 | $2.18 | $2.15 | $377.1K | 174.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 22950 | $2.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.17 | 46332 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 22950 | 2.160 |
27 | 88399 | 2.150 |
23 | 326425 | 2.140 |
16 | 97918 | 2.130 |
5 | 18429 | 2.120 |
Price($) | Vol. | No. |
---|---|---|
2.170 | 46332 | 24 |
2.180 | 75278 | 17 |
2.190 | 78476 | 18 |
2.200 | 102067 | 13 |
2.210 | 14889 | 4 |
Last trade - 11.36am 18/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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